With the 4 Nations Face-Off break approaching, the trade deadline looms large and is about a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the Ottawa Senators.
The Ottawa Senators limped into the 4 Nations Face-Off break on a three-game losing streak but remain positioned to buy at the NHL Trade Deadline as they currently occupy the first Wild Card spot in the Eastern Conference. The Senators haven’t made the playoffs since 2017 and will likely opt to be a buyer at the deadline as they try to break their playoff drought. The team will also look to show their core that they are serious about winning after years of negative headlines surrounding the franchise. Ottawa isn’t a lock to make the playoffs with four teams within four points of them. However, a few solid moves could propel them to the playoffs for the first time in nearly a decade.
Record
29-23-4, 4th in the Atlantic Division
Deadline Status
Buyer
Deadline Cap Space
$880K on deadline day, 1/3 retention spots used, 47/50 contract spots used, per PuckPedia.
Upcoming Draft Picks
2025: OTT 1st*, OTT 2nd, FLA 3rd, OTT 5th, OTT 6th, OTT 7th
2026: OTT 1st*, OTT 3rd, FLA 3rd, WASH 3rd, OTT 5th, OTT 6th, COL 6th
*Ottawa must forfeit their first-round pick in either 2025 or 2026 for the Evgenii Dadonov penalty.
Trade Chips
As surprising as this may be, the Ottawa Senators may not get too many runs at the playoffs with their current core due to poor drafting and asset management. Ottawa has one of the worst prospect rankings in the NHL (27th in the NHL as per The Athletic) and will be without a first-round pick in one of the next two drafts due to Dadonov penalty. The positive for Ottawa is that they have their young core locked into long-term deals, and with new management in place, they can still rebuild the farm system. What this all means for the Senators is that they don’t have a ton of desirable trade assets if they want to hunt for an impact player at this year’s deadline, and they also lack cap space, which will limit their ability to make moves.
The Senators benefitted immensely from the Erik Karlsson trade with San Jose back in 2018, acquiring the third overall pick in 2020 that became Tim Stützle as well as center Josh Norris (and several other pieces, including Dylan DeMelo). While Stützle has become a star, Norris has carved out a solid career as well when he is healthy. Norris has averaged 31 goals per 82 games. However, he has only played more than 60 games once in his career (66 games in 2021-22) and missed a combined 106 games between 2022 and 2024. The 25-year-old Norris has had his name pop up in trade rumors earlier in the season, and given his contract and injury history, it could make sense for Ottawa to try and move on from his $7.95MM cap hit. Ottawa also has Shane Pinto, who could slide into Norris’s spot if the Senators feel that he is ready.
Another chip the Senators could dangle is backup goaltender Anton Forsberg. Forsberg is an expensive luxury at this point and has been considerably outplayed by youngster Leevi Merilainen this season. The 32-year-old is in the final season of a three-year contract and is counting $2.75MM against the salary cap. In 21 games this year, Forsberg has posted an 8-10-1 record with a 2.89 goals-against average and a .893 save percentage. While on the surface, those numbers look pedestrian, the NHL is a league starved for goaltending, and Forsberg has registered a goals saved above expected of 1 this season (as per Money Puck). Ottawa could look to flip out Forsberg for a small asset and then use the cap savings to fill out a hole in their roster and call up Merilainen for the remainder of the season.
Ottawa could opt to move on from other veterans who have underperformed, such as David Perron or Michael Amadio, but given the tight salary cap situation for most teams this year, it would be wise to wait until the summer for such a move.
If the Senators decided to move out draft picks or prospects, there would certainly be interest in a first-round pick, but that would leave Ottawa without a first-round pick in back-to-back drafts. Ottawa does hold three third-round picks next season and could move out one of those for a depth piece at the deadline. If Ottawa wanted to trade a prospect, Carter Yakemchuk would have a ton of trade value but would leave the Senators without their top prospect in an already-thin pool. Mads Søgaard is another name Ottawa could move on from, but at 24, he holds almost no trade value and would be viewed as a long shot by most teams.
With a shallow pool of prospects, limited roster pieces to move, and questions around their more desirable draft picks, Ottawa doesn’t have a ton of assets with much trade value, which will limit their ability to improve the team this season.
Team Needs
1) Depth Defensemen: Ottawa has been a good defensive team this season (10th in the NHL), but that doesn’t mean they don’t have holes in their defense core. One listen to any Ottawa-based radio program or podcast and you will hear a plethora of fans calling for the Senators to find a third pairing defenseman, preferably of the right shot variety. Veteran Travis Hamonic has played considerably better this year than last, but he still struggles on the possession front and probably plays too much for what he is at this point in his career. Ottawa has also used Tyler Kleven on the third pairing, and while the 23-year-old looks to have potential, his numbers have mirrored Hamonic’s.
The Senators don’t need to break the bank to acquire a defenseman, and there should be plenty available heading into the deadline. Rasmus Ristolainen is a name that has been kicked around in trade rumors (not involving the Senators), but Ottawa would be wise to steer clear of him and his $5.1MM cap hit. Another name is Carson Soucy out of Vancouver, but he too is expensive and has been among the worst defensemen in the NHL this season, as per Evolving-Hockey’s all-in-one goals above replacement stat (subscription required). A name that could make sense for Ottawa, if they can clear cap space, is Connor Murphy of the Chicago Blackhawks. Murphy was once considered a top-four defender but has been saddled with tough minutes on the rebuilding Blackhawks. Murphy carries a $4.4MM cap hit for this year and next season but would likely flourish in a depth role with the Senators.
2) Depth Forward: Ottawa has had to use several players in the top six this season who would benefit from playing in the bottom six. Some of them have posted elevated numbers (Adam Gaudette), but for the most part, there have been struggles. Ottawa appears to be conscious of this, as they have already been linked to Ryan Donato of Chicago, which makes sense for them, given his low cap hit for the rest of this season and his on-ice impact. Donato has 19 goals and 18 assists in 53 games this season and is also a physical presence, registering 89 hits. With some shuffling, Ottawa could fit his modest $2MM cap hit into their lineup. The issue that Ottawa might face with Donato is that his offensive production benefits greatly from playing in an elevated role with Connor Bedard on a less talented Blackhawks team.
The Senators have also been linked to Brandon Tanev of the Seattle Kraken, who would inject some energy and physicality into the bottom-six forward group but wouldn’t offer much more than depth offense. The 33-year-old has nine goals and eight assists in 55 games this season and has topped 30 points just once in his career. Tanev is the kind of player who could thrive in a physical playoff series, as evidenced by his 170 hits in 46 career NHL playoff games.
Ottawa will have some options for forward depth leading into the trade deadline, but it will all come down to whether or not they can free up cap space to add to their current lineup.
Images courtesy of USA Today Sports.